Dallas Observer: Payday Lenders Team Up With Prosecutors to Collect Debts, Especially in Collin County
December 22, 2014
It’s illegal for payday lenders to pursue criminal charges against borrowers who can’t repay their loans, debtor’s prison being out of fashion nowadays. Under rules passed by the Texas Legislature in 2011, they can’t even threaten to file criminal charges. And yet, according to a report released last week by the nonprofit watchdog, Texas Appleseed, payday lenders are routinely using the criminal justice system to help collect their debts.Read more here.